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The High Cost of Inflation

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It’s a growing tax hurting all Americans. Monthly costs are dwarfing average wage gains as inflation continues to rise. The latest snapshot of inflation at the retail level is something the United States hasn’t seen in four decades, and no one knows when it will end. CBN News Financial Editor Drew Parkhill is on today’s episode to break down what is causing inflated prices and how Americans will continue to be affected at the pump... and in the midterms.

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About The Author

Caitlin Burke Headshot
Caitlin
Burke

Caitlin Burke serves as National Security Correspondent and a general assignment reporter for CBN News. She has also hosted the CBN News original podcast, The Daily Rundown. Some of Caitlin’s recent stories have focused on the national security threat posed by China, America’s military strength, and vulnerabilities in the U.S. power grid. She joined CBN News in July 2010, and over the course of her career, she has had the opportunity to cover stories both domestically and abroad. Caitlin began her news career working as a production assistant in Richmond, Virginia, for the NBC affiliate WWBT